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October 25, 2023

Create a WBS for the project and analyze each task using the attahed template. Review, as needed, the following sites regarding cost estimation: The Ult

Human Resource Management

Overview

It is now important to consider how to manage project obstacles and risks. Being able to continue the progression of a project is important in the face of unpredictable conditions in the internal and external environment of an organization.

  1. Create a WBS for the project and analyze each task using the attahed template.
    • Review, as needed, the following sites regarding cost estimation:
      • The Ultimate Guide to Project Cost EstimatingLinks to an external site..
      • Cost Estimation for Projects: How to Estimate AccuratelyLinks to an external site.
  • attachment

    project-budget.xlsx

  • attachment

    projectchartermanagement.docx

ProjectBudget

Project Budget
Project Lead: [Name] BUDGET ACTUAL Under(Over)
Start Date: [Date] Total $ 100.00 $ 200.00 $ (100.00)
Labor Materials Fixed
WBS
Vertex42: WBS (Work Breakdown Structure): Each level uses a different formula to display the correct outline numbering. Copy the cell from the Template rows at the bottom of the worksheet and paste it as needed to define different task levels. Level 1: 1 Level 2: 1.1 Level 3: 1.1.1
Task Hrs Rate Units $/Unit Costs
Vertex42: Fixed Costs: Costs that may not fall under Labor and Materials, or for cases where you want to enter a fixed amount rather than calculating the Budget amount.
Budget Actual Under(Over)
1 [ Level 1 Category ] $ 100.00 $ 200.00 $ (100.00)
1.1 [ Level 2 Task ] ERROR:#VALUE! 150.00 ERROR:#VALUE!
1.2 [ Level 2 Task ] ERROR:#VALUE! 400.00 ERROR:#VALUE!
1.3 [ Level 2 Task ] ERROR:#VALUE! 200.00 ERROR:#VALUE!
1.3.1 [ Level 3 Task ] – 0 – 0
1.3.2 [ Level 3 Task ] – 0 – 0
1.3.2.1 [ Level 4 Task ] – 0 – 0
1.3.2.2 [ Level 4 Task ] – 0 – 0
1.3.3 [ Level 3 Task ] – 0 – 0
1.4 [ Level 2 Task ] – 0 – 0
1.5 [ Level 2 Task ] – 0 – 0
2 [ Level 1 Category ] $ – 0 $ – 0 $ – 0
2.1 [ Level 2 Task ] – 0 – 0
2.2 [ Level 2 Task ] – 0 – 0
2.3 [ Level 2 Task ] – 0 – 0
2.3.1 [ Level 3 Task ] – 0 – 0
2.3.2 [ Level 3 Task ] – 0 – 0
2.3.2.1 [ Level 4 Task ] – 0 – 0
2.3.2.2 [ Level 4 Task ] – 0 – 0
2.3.3 [ Level 3 Task ] – 0 – 0
2.4 [ Level 2 Task ] – 0 – 0
2.5 [ Level 2 Task ] – 0 – 0
3 [ Level 1 Category ] $ – 0 $ – 0 $ – 0
3.1 [ Level 2 Task ] – 0 – 0
3.2 [ Level 2 Task ] – 0 – 0
3.3 [ Level 2 Task ] – 0 – 0
3.3.1 [ Level 3 Task ] – 0 – 0
3.3.2 [ Level 3 Task ] – 0 – 0
3.3.2.1 [ Level 4 Task ] – 0 – 0
3.3.2.2 [ Level 4 Task ] – 0 – 0
3.3.3 [ Level 3 Task ] – 0 – 0
3.4 [ Level 2 Task ] – 0 – 0
3.5 [ Level 2 Task ] – 0 – 0
4 [ Level 1 Category ] $ – 0 $ – 0 $ – 0
4.1 [ Level 2 Task ] – 0 – 0
4.2 [ Level 2 Task ] – 0 – 0
4.3 [ Level 2 Task ] – 0 – 0
4.3.1 [ Level 3 Task ] – 0 – 0
4.3.2 [ Level 3 Task ] – 0 – 0
4.3.2.1 [ Level 4 Task ] – 0 – 0
4.3.2.2 [ Level 4 Task ] – 0 – 0
4.3.3 [ Level 3 Task ] – 0 – 0
4.4 [ Level 2 Task ] – 0 – 0
4.5 [ Level 2 Task ] – 0 – 0
5 [ Level 1 Category ] $ – 0 $ – 0 $ – 0
5.1 [ Level 2 Task ] – 0 – 0
5.2 [ Level 2 Task ] – 0 – 0
5.3 [ Level 2 Task ] – 0 – 0
5.3.1 [ Level 3 Task ] – 0 – 0
5.3.2 [ Level 3 Task ] – 0 – 0
5.3.2.1 [ Level 4 Task ] – 0 – 0
5.3.2.2 [ Level 4 Task ] – 0 – 0
5.3.3 [ Level 3 Task ] – 0 – 0
5.4 [ Level 2 Task ] – 0 – 0
5.5 [ Level 2 Task ] – 0 – 0
TEMPLATE ROWS
Use the rows listed below by Copying and Pasting (or Copy and Insert), depending on which WBS level you want to use.
1 [ Task Category ] $ – 0 $ – 0 $ – 0
1.1 [ Level 2 Task ] – 0 – 0
1.1.1 [ Level 3 Task ] – 0 – 0
1.1.1.1 [ Level 4 task ]

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